West Texas Intermediate rose28 cents to $49.35 per barrel, the highest climb since April 26, while Brent increased 30 cents to $52.51 per barrel. If the cuts are extended under the current arrangement, as suggested by Saudi Arabia's al-Falih at a press briefing in Beijing, Libya and Nigeria could effectively sabotage the efforts of the remaining 11 OPEC peers, in addition to endangering cohesion and compliance within the OPEC and non-OPEC blocs.

Domestic U.S. production, meanwhile, was 9.3 million barrels per day, a year-over-year increase of almost 6 percent. On Wednesday, oil prices were boosted by the EIA reporting a fresh draw in crude oil inventories for the week to May 12, at 1.8 million barrels.

OPEC may just decide to end the output-cut agreement altogether, he said. US producers are not party to any agreements capping production.

Saudi Arabia and nonOpec Russia have said they want an extension to output reductions of nearly 1.8-million barrels per day that were initially agreed to run in the first half of 2017. The premium usually indicates expectations of oversupply and hence shows growing doubts that OPEC will be able to eradicate the glut. "On the other, there are those who are focused on the real drawdowns that have started to occur in United States oil stocks over the past month or so", he said.

Rewinding to 2016, the oil market hit an inflection point in the summer as declining non-OPEC output and strong demand signalled a nascent market rebalancing.

This message was hammered home by Gene McGillian, VP of market research at Tradition Energy, who told Reuters that with increased production in Libya and Nigeria, as well as the U.S, sticking to current cuts might not be enough: "When you balance that cut with the increase in other areas it's probably a net-net cut of half a million a day, ".

Attacks like these are totally unacceptable for any visiting head of state, including Turkey", the Council said in a statement . Video shows people pushing past police to confront a small group of protesters across the street in Sheridan Circle.

In 2014, Saudi warplanes joined the US-led coalition fighting Sunni militants from the Islamic State group in Syria and Iraq. The kingdom's control of the holy sites has been criticized by Muslims around the world.

Taylor Swift reportedly met her rumored new boyfriend, British actor Joe Alwyn , through longtime friend Emma Stone. As to how long Taylor Swift and Alwyn have been dating, the source said it has been going on for several months.

On Tuesday, it was former Marlins outfielder Jake Marisnick , who hit two homers and a double, driving in four runs. Keuchel allowed two runs, both in the first inning, and threw 70 pitches before departing with a 10-2 lead.

The Facebook CEO - and perhaps the most famous Harvard drop-out - is set to give the college's commencement speech next Thursday. Mark Zuckerberg is finally getting his degree from Harvard, after famously dropping out in 2004 to focus on creating Facebook.

UPDATE: Nicky has now been joined by his brother Tommy and mother Rose who arrived in Italy from the United States earlier today. Stoner and Hayden, both MotoGP World Champions, were brought together by Ducati to form one of the strongest teams in 2009.

New Orleans last week removed a statue of Confederate icon Jefferson Davis from Mid-City as part of a "march to reconciliation". The statues would be put in storage while the city looks for a suitable place to display them, the mayor has said.

Before introducing Mera, Heard shared a picture from her dressing room, preparing to head to the filming location. Heroic Hollywood revealed that the Aquaman actress took a cheat day on her training on her birthday.

The meeting itself was in a special constructed room beneath the Capitol created to prevent electronic eavesdropping. His booting made a ton of politicians super angry and many demanded a special prosecutor.

The 31-year-old has been picked as a first-choice opener along with Rohit Sharma , with Ajinkya Rahane providing back-up. India will defend their title in the ICC Champions Trophy 2017 which will once again take place in England.

India will be taking on Pakistan, Sri Lanka and South Africa on 4th June, 8th June and 11th June respectively. Reportedly, the ICC has offered India another $100 million but that is yet to be accepted by the BCCI.

FedEx confirms it was hit by global malware attack
Also hit were Deutsche Bahn, the Russian Central Bank, Russian Railways, Russia's Interior Ministry, Megafon and Telefónica. Organizations have been urged to update their systems immediately to ensure that they are not affected by the ransomware.

Billboard Music Awards on RTL-CBS Entertainment
With just a day to go for the 2017 Billboard Music Awards, the anticipation has already gone through the roof. Among these, Drake is competing for Top Artist, Top Male Artist and Top Billboard 200 Artist awards.

Erdogan: Turkey will not take part in Raqqa offensive
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Hooray! The VW Up GTI is a real thing
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SC suggests govt bring law to address triple talaq issue
Probably, he was well aware of the origin, practice and prevalence of triple talaq among Muslims in India and overseas . The board also clarified that its suggestions are advisory in nature and it can not guarantee of its effects.

NBA Eastern Conference Finals
Cleveland's lone win in the first four games of the Finals was one in which Love didn't play when he sat because of a concussion. On the flip side, Boston had to of come into this contest anxious about the Cavs ability to connect from beyond the arc.

'The Witcher Saga' heads to Netflix as TV series
As we already know, HBO's most popular fantasy show is on its last season and there are no hints that it will be extended. The characters also have an incredible range of different tempers and attitudes that act in their own context.

What the White House has said about special prosecutors
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List of most popular baby names in NJ released for 2016
Music fans will recognize Kehlani from artist Kehlani Parrish, and Star Wars fans will remember Kylo from "The Force Awakens". The list of the top five girls names in the three states is nearly identical, though the rankings vary.